Weekly Thread: Sep. 21 - 26

Discussion in 'Forex' started by rezo_s, Sep 21, 2003.

  1. rezo_s

    rezo_s

    stop 0.6985 (55 pips)
    target 0.6770 (165 pips)
     
    #21     Sep 24, 2003
  2. rezo_s

    rezo_s

    My mistake, its 160pips, and not 165
     
    #22     Sep 24, 2003
  3. rezo_s

    rezo_s

    Little move in favor of eurgbp position now, but there is a serious support level at 0.6885. Stops will be readjusted as follows:
    once/if price (ask) reaches 6910, stop to entry level,
    once/if price (ask) reaches 6895, stop to 6920 (lock 10 pips)
     
    #23     Sep 24, 2003
  4. I thought your stop-loss was at 6985, why a new trailing stop at 6995? Seems a little contradictory
     
    #24     Sep 24, 2003
  5. rezo_s

    rezo_s

    Ye, you're right its once it gets to 6895, I edited that post, typo.
     
    #25     Sep 24, 2003
  6. I guessed you meant 6895 and I just wanted to alert you so that you clarified yourself. You've been quite upfront and I don't want you to leave yourself open to criticisms from those who enjoy doing so.

    All the Best - Trading,

    Best Regards,
     
    #26     Sep 24, 2003
  7. rezo_s

    rezo_s

    Thanx :D
     
    #27     Sep 24, 2003
  8. rezo_s

    rezo_s

    Huge seloff on street, and still euro and others don't manage to establish new highs...If I add the candle on dailies and couple more signs I will not talk about, I say good chances we are going to see nice correction for the start. But no selling for me yet (talking euro). I need couple more signs - maybe next week...will see. If we are going down, we are going to 1.1220 area (see recent post with chart), so there is +250 pips from now. If I get half of that - its great. If not - no big deal.
     
    #28     Sep 24, 2003
  9. rezo_s

    rezo_s

    Holding open position: short EURGBP@6930, and as promised, I just moved stop to entry level, because low of 6910 was just hit. Plan remains unchanged:
    once/if price (ask) reaches 6895, stop to 6920 (lock 10 pips)
    target is same : 0.6770
     
    #29     Sep 26, 2003
  10. rezo_s

    rezo_s

    I'm done for this week. Holding the eurgbp over the weekend if it will not be closed at b/e.

    Have a great weekend everyone,

    Regards,

    Rezo.
     
    #30     Sep 26, 2003